- XAG/USD is currently trading around $16.68 marks.
- It made intraday high at $16.93 and low at $16.59 levels.
- Intraday bias remains neutral till the time pair holds key support at $16.82 mark.
- A daily close above $16.86 will test key resistances at $16.92/$17.01/$17.24/$17.40/$17.47/$17.63/$17.72/$17.98 marks respectively.
- On the other side, a daily close below $16.86 will take the parity down towards key supports at $16.58/$16.40/$16.28/$16.14/$16.04/$15.80/$15.66 marks respectively.
- Important to note here that 20D, 30D and 55D EMA heads down and confirms the bearish trend in a daily chart.
We prefer to go short on XAG/USD around $16.78 with stop loss at $17.01 and target of $16.58/$16.48/16.28.


FxWirePro- Woodies pivot (Major)
FxWirePro: AUD/USD eases as investors await U.S. employment figures
AUDJPY Bears Poised: Sell Rallies at 111.55 for 108 Target with 112.20 Stop
FxWirePro: USD/ZAR gains some ground, but downtrend remains
DAX & CAC40 Score Perfect 100: Extremely Bullish With Major Levels to Watch as FTSE100 Hits 80
FxWirePro : EUR/NZD holding below 38.2% fibo ahead of US data
FxWirePro: USD/JPY holds tight range ahead of key U.S. payrolls data
EUR/USD Rockets Past 1.1560 as Soft U.S. Jobs Data Fuel Fed Rate-Cut Surge
NZDJPY Bears Lie in Wait: Sell Rallies at 93 for 90 Target with 94 Stop
FxWirePro: GBP/AUD eases slightly, focus on near-term support
FxWirePro: USD/CNY slips as strong China exports data Lift yuan
FxWirePro: EUR/AUD slips after surprise U.S. employment data
Major Pair Currency Score: NZD/USD and AUD/USD Lead Forex Rally with Perfect 100 Scores
FxWirePro- Woodies pivot (Major)
FxWirePro: GBP/USD eases as dollar firms ahead of U.S. June non-farm payrolls report 



